Nvidia CEO Jensen Huang Resigns After Affairs and Security Probe

Nvidia CEO Jensen Huang resigned Thursday following revelations of extramarital affairs and a board investigation into whether he was targeted by a foreign-intelligence effort, leaving the AI chip giant without its founder and sole leader for the first time in 33 years. CFO Colette Kress has been named interim chief executive while the board searches for a permanent replacement, including internal and external candidates. Huang admitted to being "unfaithful" to his wife of 40 years, with reports linking him to a woman suspected of spying for China and another direct report, raising questions about his lobbying on chip sales to China. Nvidia, which lost roughly $500 billion in market value since the revelations, faces mounting threats from competitors like Google and Microsoft developing their own AI hardware, while its future leadership uncertainty could impact America's lead in the global AI race.